Values have been changing and have risen £3,565 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,921 in last 6 months, £60,443 in last 1 year, £113,886 in last 2 years, £125,278 in last 3 years, £127,157 in last 4 years and £140,776 in last 5 years.
Currently average asking price of a property in Renforth Street, London, SE16 is around £582,204 based on approximately 2 properties for sale. Same is the case with rental options based on 369 properties up for rent, average asking rent is around £1,754 per month.
Estimated property value in Renforth Street, London, SE16 is £545,567. Average asking price is £582,204 while average price paid is £370,500 which is up by £60,443 and Avg. asking rent £1,754.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Renforth Street, London, SE16 area. In last 1 year alone average price buyer paid is around £370,500 based on approximately 2 sales in Renforth Street, London, SE16 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £430,333. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £448,390 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £456,491 per sale.